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Monday, 17 February 20
IMO-2020 SULPHUR CAP - ISSUES TO CONSIDER PRIOR TO THE IMPLEMENTATION OF THE CARRIAGE BAN ON 1 MARCH 2020 - STANDARD CLUB
 With the IMO 2020 global sulphur cap now in force, members should bear in mind another significant date in relation to the ‘carriage ban’ – coming into force on 1 March 2020. The ban mandates that fuel oil used and carried on board ships must not exceed the 0.50% sulphur limit, unless the ship is provided with ‘equivalent’ compliance mechanism like exhaust gas cleaning system (EGCS), or ‘scrubbers’.
The carriage ban may prompt increased enforcement action in the coming months, as the breach will be clearly evident to authorities, and it will be relatively straightforward for port state control officers (PSCOs) to pursue action against ships (without scrubbers) that are found to have fuel oil above the 0.50% limit in any of its tanks.
There could also be potential disputes and/or claims arising due to complaints about bunker quality, or when the MARPOL bunker sample tests generate results which exceed the prescribed 0.50% limit.
In order to comply with the carriage ban, members with ships without scrubbers will, therefore, need to ensure that any supplied fuel is in compliance with the sulphur limits set out in MARPOL Annex VI, and that any residual high sulphur fuel in the tanks does not push the limit above 0.50%.
Members are recommended to refer to the following news alerts published on the club’s website in order to prepare themselves for the carriage ban in advance of 1 March 2020 –
• De-bunkering of HSFO
• Blending of fuel on ship for achieving compliance with IMO 2020 regulation
• IMO 2020 – Bunker tank cleaning and preparation to receive compliant fuel
Alternatively, members may consider complying with the carriage ban by installing scrubbers before 1 March 2020. However, given the impact of the coronavirus outbreak in China, there have been reports of delays, and it is highly unlikely that installations will be completed in time.
Source: The Standard Club
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Monday, 24 February 20
CHINA SAYS MAJOR COAL FIRMS RESTORE 95% OF PRODUCTION CAPACITY - REUTERS
China’s coal companies controlled by the central government have resumed operations and are back at more than 95% of their capacity, an offic ...
Sunday, 23 February 20
SHIPPING INDUSTRY FACES $370 MILLION HIT FROM NEW PANAMA CANAL CHARGE - REUTERS
A new “freshwater” charge that came in this month to help the Panama Canal cope with climate change will cost the shipping industry up ...
Sunday, 23 February 20
A 57,000DWT SHIP FIXING DELIVERY SOUTH KALIMANTAN TRIP, REDELIVERY CJK, AT $7,600 - BALTIC BRIEFING
Capesize
The Capesize market found little to cheer about this week as it again endured remarkable lows. The Atlantic continued to improve, with ...
Saturday, 22 February 20
THE SURPRISING MOVE IN MARINE FUEL SPREADS - ING
Middle distillates tank
One of the biggest surprises since the implementation of new International Maritime Organization (IMO) sulphur regulati ...
Friday, 21 February 20
CAPE: AVERAGE NOMINAL DAILY EARNINGS STILL ADMITTEDLY UNCHANGED W-O-W AT BELOW US$3000 - FEARNLEYS
CAPE
The worst may just about be over for the big ships. Average nominal daily earnings still admittedly unchanged w-o-w at below US$3k, but sent ...
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- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Planning Commission, India
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
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